Origins of Increasing Returns by Theodore W. Schultz

by Theodore W. Schultz

ORIGINS OF INCREASING RETURNS Nobel Laureate Theodore W.Schultz has made highly important contributions to the fields of agriculture and natural resource economics, and to human capital theory. This is the second of two volumes which encompass and combine the passions and interests of this eminent economist. Origins of Increasing Returns is mainly devoted to investments in specialized forms of capital, consisting in large part of human capital that produce increasing rates. The resulting tensions between politics and economics are critically examined.

Hardcover

First published December 16, 1993

About the author

Theodore William Schultz was an American economist, who was the 1979 winner (jointly with William Arthur Lewis) of the Nobel Memorial Prize in Economic Sciences.